9860 S Thomas Dr Unit 601, Panama City Beach, FL, 32408

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9860 S Thomas Dr Unit 601, Panama City Beach$470,000

Buyer Closing Credits

$5,581^*

1.25% Loan Amount

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1 (855) 200-2001

Property Highlights

Home TypeCondominium

ParkingCovered, Garage, Guest, Oversized, Permit Required

Garage2 spaces

Year Built2008

HeatingCentral, Electric

CoolingCentral Air, Electric

WaterfrontLake Front, Waterfront

ViewBay, Gulf, Lagoon, Lake, Water

MLS #752779

StatusActive

About 9860 S Thomas Dr Unit 601

*** HANDYMAN SPECIAL *** A 6th floor, vacant, blank slate, empty shell in need of TLC to restore it with an AMAZING GULF VIEW! Fantastic earning potential here. Wrap-around balcony, partially covered for easy outdoor living! Laketown Wharf condo featuring 3BR/3BA plus Bunk Room. Holds 10 guests easily with plenty of parking. Granite countertops, full kitchen with breakfast bar, large dining/living room area. Located on the very east end, this location very quiet and peaceful. Tons of Amenities include five Swimming Pools, Putting Green, 2-Story Fitness Center, Convention Center, multiple Restaurants on the ground floor, and a daily water fountain light-show in the lake. THIS HAS SO MUCH POTENTIAL TO BE A RENTAL MACHINE!

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Property Details

Property Features

Property Information:

• Architectural Style: High Rise
• Year Built: 2008
• Living Area: 1,483 SqFt

Listing Office:

• Office Name: Coastal Living Realty & Associates

Interior Features

Interior Information:

• Appliances: Washer/Dryer Stacked, Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator
• Flooring Type: Carpet, Tile
• Interior: Breakfast Bar, Kitchen Island, New Paint, Track Lighting, Natural Woodwork

Bedroom and Bathroom Information:

• Full Bathrooms: 3
• Total Bedroom Count: 3

Exterior Features

Exterior Information:

• Waterfront: Lake Front, Waterfront
• View: Bay, Gulf, Lagoon, Lake, Water
• Exterior: Balcony, Deck, Dock, Handicap Accessible, Hot Tub/Spa, Sprinkler/Irrigation, Outdoor Grill, Outdoor Shower, Pool

Parking Information:

• Garage Space: 2 spaces
• Parking: Covered, Garage, Guest, Oversized, Permit Required

Lot Features

Lot Information:

• Lot: Corner Lot, Easement, Landscaped, Level, Other, Subdivision, See Remarks, Waterfront

Utilities

Utilities Information:

• Heating: Central, Electric
• Cooling: Central Air, Electric

School Info

Assigned Schools Information:

• J.R. Arnold High School, Public District Grades 9-12
• Breakfast Point Academy, Public District Grades PK-8

Other

Directions Information:

• Directions: Located at the corner of Front Beach Road and S. Thomas Drive, Across from Pineapple Willy's

Price Information

Listing Price Info

Price Summary:

• List Price: $470,000
• Price Per SqFt: $317/SqFt

HOA Fees:

• Amount: $3270
• Frequency: Quarterly

Tax Information:

• Annual Amount: $3,560
• Tax Year: 2020

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Housing Market Comparison

See how this home compares to others in Panama City Beach, FL.

Panama City Beach, FL

City

Med. Sold Price

$477.3K

Med. Price/SqFt

$350

Avg. Days On Market

83

# of Sold Homes

160

9860 S Thomas Dr Unit 601 vs Panama City Beach

77 DAYS ON ROCKET

-6 Days

$470,000

-$7.3K Less

$317/SqFt

-$34 Less

KEY TAKEAWAY

This property is $7.3K less than the Median Sold Price and $34/SqFt less than other homes in Panama City Beach, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

• MLS Name: BCAR
• MLS Number: #752779

Listing Office:

• Office Name: Coastal Living Realty & Associates

The data relating to real estate for sale on this web site comes in part from the Internet Data exchange program of Central Panhandle Association of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Properties subject to prior sale, change, withdrawal or rental. Copyright© 2024 Central Panhandle Association of REALTORS.© All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/2/2024, 4:25:17 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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Property Sales & Tax

Listing History

DATE	EVENT	PRICE
Apr 19, 2021	Apr 19, 2021Home Sold	$380,500

Tax History

YEAR	PROP. TAX	ASSESSMENT
2020	$3,560	$318,750
2018	$2,870	$222,509
2017	$2,544	$238,763

History based on county public records data.

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**Disclosures

Rocket Homes›Florida›Bay County›Panama City Beach›32408›9860 S Thomas Dr Unit 601

This home is located at 9860 S Thomas Dr Unit 601 in Panama City Beach, FL and zip code 32408 in the Long Beach neighborhood. This 1,483 square foot home was built in 2008. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since February 14, 2024 and is currently priced at $470,000.

In April 2024 more than 9 listings in Panama City Beach, FL were sold above the asking price. During the same period more than 16 listings were sold at asking price, while more than 135 were sold below. The inventory of homes for sale in Panama City Beach, FL between March 2024 and April 2024 increased by 4.6%. Listings spent 83 days on the market in April 2024, and had a median list price of $477,347 during the same period.

From Rocket Homes Real Estate and based on county public records data.